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Noncompete clauses will be banned for most Australian workers, government says

( March 25, 2025, 09:58 GMT | Official Statement) -- MLex Summary: Non-compete clauses for most workers in Australia will be banned under a government proposal released today. In a joint statement released to coincide with the announcement of the Australia 2025-2026 budget, Australian Treasurer Jim Chalmers and Competition Minister Andrew Leigh said that over 3 million workers were covered by non-compete clauses in their employment contracts, which is stifling wage growth and harming the economy. The ban on non‑compete clauses will apply to workers earning less than the high‑income threshold set in Australia’s employment laws, which is currently at A$175,000 ($110,000).The joint statement follows: ...

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